First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has become the first bank in the Middle East to join Komgo, a fintech offering digital network, trade and working capital workflow solutions for corporate and financial institutions.
Through the Komgo Network, FAB’s key clients can initiate trade finance transactions across various international locations as well as obtain competitive pricing.
FAB is also a lead participant in the development of Komgo’s Market solution for FIs, which will further enhance FAB’s trade secondary risk distribution capabilities.
Komgo is a Swiss-headquartered software development and technology services company solving problems for the trade finance industry. Owned by the industry’s leading banks and corporates, our global customer base is supported through offices in Seoul, Singapore, Geneva, London, New York, and Houston.
FAB is the UAE’s largest bank and one of the world’s largest and safest financial institutions. FAB’s focus is to create value for its employees, customers, shareholders and communities to grow through differentiation, agility and innovation.
Headquartered in Abu Dhabi, the bank’s international network spans five continents, providing global relationships, expertise, and financial strength to support local, regional, and international businesses seeking to do business at home and abroad. FAB is a trusted adviser and regional partner to major institutions, emerging companies and individuals seeking to do business in the UAE, the MENA region and beyond. As an engine of growth for the region, it helps customers to thrive and grow stronger by managing risk, providing access to capital, and facilitating trade flows across developed and emerging markets.